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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We really need a system that distinguishes between in-state public education and everything else. It is in society's interest to have an affordable public college system that doesn't burden 21 year olds with loans. That's what we need to build and subsidize - affordable public colleges for qualified students. And everything else - private universities, LACs - should sink or swim with market demand. There isn't ever going to be public support for forgiving the loans of someone who chose to go a gazillion dollars in debt to attend NYU or Colby. And retroactively forgiving those loans does nothing to make college more affordable for this generation of students. Focus on public education, and let market forces sort out how private universities go about attracting students. I strongly suspect the cost of private colleges will go down significantly if we make it difficult for teenagers to go into debt to attend, especially when they have very good and affordable in-state alternatives.   [/quote]

All those Colby grads defaulting on their loans….? No, it’s disproportionately online grads.

https://www.pewtrusts.org/en/research-and-analysis/data-visualizations/2024/who-experiences-default[/quote]

+1. And the number one college in terms of student loans owed?  Liberty University— and this is largely (but obviously not entirely) for online degrees.

Now, let’s get real here— how much earning power does your online degree from Liberty University get you? [/quote]

Okay, so get rid of the ability to borrow for online crap programs. Problem solved. [/quote]
Trump is going to do exactly the opposite. This is his revenge for Trump University getting shut down.

WSJ:[i] “President Trump is expected to sign an executive order Wednesday to shake up the arcane but pivotal world of college accreditation, a move Trump has called his “secret weapon” in his bid to remake higher education.
The order aims to use the accrediting system to combat what Trump views as discriminatory practices and “ideological overreach” on college campuses, according to administration officials. The order would put a greater focus on intellectual diversity among faculty and student success.
It also would make it easier for schools to switch accreditors and for new accreditors to gain federal approval. The final language of the order could still change.
Accreditors play a role largely unseen to the public but crucial for universities, setting standards that must be met to access federal financial aid. The federal government gave $120.8 billion in loans, grants and work-study funds to more than 9.9 million students in the year ended last September. To earn an accreditor’s seal of approval, higher-education institutions must prove they meet wide-ranging standards covering everything from their mission and admissions policies to the quality of their faculty and programming. [/i]
https://www.wsj.com/us-news/education/trump-accreditors-executive-order-universities-4e4366cc?mod=mhp
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